Report
Eric Lemarie

Smart Industries: Top Pick for Q2 2019: Eiffage with upside, visibility & momentum

Smart Industries
Top Pick for Q2 2019: Eiffage with upside, visibility & momentum

Looking back at Q1 2019: strong start of the year
What we see for Q2 2019. We remain cautious on pure cyclicals
Conclusion and Top Pick: Eiffage with upside, visibility & momentum
Underlying
Eiffage SA

Eiffage is a construction and concessions group. Co.'s operations are organized into five divisions. The Concessions and PPPs division is engaged in construction and operating of infrastructures under concessions and public private partnerships. Through the Construction division, Co. is engaged in building design and construction, property development and building maintenance. Through the Public works division, Co. is engaged in civil engineering, road construction, infrastructure maintenance and material production. The Energy division specializes in electrical contracting and air conditioning. Through the Metal division, Co. is engaged in metallic construction and services to industry.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Eric Lemarie

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